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Starmer Rival Burnham Barred From Running as MP

UK Prime Minister Keir Starmer's allies barred Greater Manchester Mayor Andy Burnham from standing as Labour candidate at the upcoming Gorton and Denton by-election, leaving him no clear route to parliament that he requires to go after the premier's job. The decision may provide some relief for bond investors who last week signaled their concern about a more left-wing leader adopting fiscally-looser policies. Bloomberg's James Woolcock reports.